Biden to announce preliminary deal with Micron for up to $6.14 billion in chip grants [Yahoo! Finance]
Micron Technology, Inc. (MU)
Last micron technology, inc. earnings: 3/25 04:01 pm
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Source: Yahoo! Finance
agreement with memory chip maker Micron Technology for up to $6.14 billion in subsidies for two chip factories, the White House said. The agreement signed by the U.S. Commerce Department will fund facilities in New York and Idaho under the 2022 CHIPS and Science Act, which aims to boost domestic manufacturing of chips and reduce reliance on supplies from China and Taiwan. The Commerce Department said the federal grants would support the construction of a fabrication plant, or fab, in Clay, New York, a first step toward Micron's plans to invest about $100 billion in New York and create 13,500 jobs. The grants would also provide initial funding for a facility in Boise, Idaho, unlocking a planned $25 billion investment in a fab to be co-located with Micron's research and development facilities there and should create 6,500 jobs, Commerce said. "Micron's total investment will be the largest private investment in New York and Idaho's history, and will create over 70,000 jobs, inclu
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News
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- Top Stock Reports for Micron Technology, Anheuser-Busch & Duke Energy [Yahoo! Finance]Yahoo! Finance
- Micron (MU) Leads Industry With 128GB DDR5 RDIMM Memory [Yahoo! Finance]Yahoo! Finance
- Why Nvidia, Arm Holdings, and Other Artificial Intelligence (AI) Stocks Slumped on Wednesday [Yahoo! Finance]Yahoo! Finance
MU
Earnings
- 3/20/24 - Beat
MU
Sec Filings
- 5/3/24 - Form 4
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- MU's page on the SEC website